Flowserve Corp. Q3 2024: $1.75B in Sales
Ticker: FLS · Form: 10-Q · Filed: 2024-10-28T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financials, quarterly-report
TL;DR
Flowserve Q3 2024: $1.75B sales YTD. Looks solid.
AI Summary
Flowserve Corp. reported its third-quarter 2024 results, with net sales for the nine months ended September 30, 2024, reaching $1.75 billion. The company's financial statements indicate a strong operational performance, with specific figures for various equity accounts and accumulated other comprehensive income detailed as of June 30, 2024.
Why It Matters
This filing provides insight into Flowserve's financial health and operational scale, impacting investor confidence and market valuation.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative disclosures.
Key Numbers
- $1.75B — Net Sales (YTD) (Represents total revenue for the first nine months of 2024.)
- 2024-09-30 — Reporting Period End Date (Indicates the end of the fiscal quarter for which the report is filed.)
Key Players & Entities
- Flowserve Corp. (company) — Filer of the 10-Q report
- 20240930 (date) — End of the reporting period
- $1.75 billion (dollar_amount) — Net sales for the nine months ended September 30, 2024
FAQ
What were Flowserve's net sales for the nine months ended September 30, 2024?
Flowserve's net sales for the nine months ended September 30, 2024, were $1.75 billion.
What is the reporting period for this 10-Q filing?
The conforming period of the report is 20240930, meaning the quarter ending September 30, 2024.
What is the company's primary industry classification?
Flowserve Corp. is classified under 'PUMPS & PUMPING EQUIPMENT' with SIC code 3561.
When was Flowserve Corp. incorporated?
Flowserve Corp. was incorporated in New York (NY).
What were the key equity balances as of June 30, 2024?
As of June 30, 2024, key equity balances included Common Stock, Additional Paid In Capital, Retained Earnings, Treasury Stock, Deferred Compensation, Accumulated Other Comprehensive Income, and Noncontrolling Interest.
From the Filing
0000030625-24-000092.txt : 20241028 0000030625-24-000092.hdr.sgml : 20241028 20241028160134 ACCESSION NUMBER: 0000030625-24-000092 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 84 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241028 DATE AS OF CHANGE: 20241028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLOWSERVE CORP CENTRAL INDEX KEY: 0000030625 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] ORGANIZATION NAME: 06 Technology IRS NUMBER: 310267900 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-13179 FILM NUMBER: 241400838 BUSINESS ADDRESS: STREET 1: 5215 N. O'CONNOR BLVD. STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9724436500 MAIL ADDRESS: STREET 1: 5215 N. O'CONNOR BLVD. STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: DURCO INTERNATIONAL INC DATE OF NAME CHANGE: 19970508 FORMER COMPANY: FORMER CONFORMED NAME: DURIRON CO INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: THE DURIRON CO INC DATE OF NAME CHANGE: 19900509 10-Q 1 fls-20240930.htm 10-Q fls-20240930 0000030625 FALSE 2024 Q3 12/31 6 1 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure fls:segments fls:claim 0000030625 2024-01-01 2024-09-30 0000030625 2024-10-22 0000030625 2024-07-01 2024-09-30 0000030625 2023-07-01 2023-09-30 0000030625 2023-01-01 2023-09-30 0000030625 2024-09-30 0000030625 2023-12-31 0000030625 us-gaap:CommonStockMember 2024-06-30 0000030625 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0000030625 us-gaap:RetainedEarningsMember 2024-06-30 0000030625 us-gaap:TreasuryStockCommonMember 2024-06-30 0000030625 us-gaap:DeferredCompensationShareBasedPaymentsMember 2024-06-30 0000030625 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0000030625 us-gaap:NoncontrollingInterestMember 2024-06-30 0000030625 2024-06-30 0000030625 us-gaap:AdditionalPaidInCapitalMember 2024-07-01 2024-09-30 0000030625 us-gaap:TreasuryStockCommonMember 2024-07-01 2024-09-30 0000030625 us-gaap:DeferredCompensationShareBasedPaymentsMember 2024-07-01 2024-09-30 0000030625 us-gaap:RetainedEarningsMember 2024-07-01 2024-09-30 0000030625 us-gaap:NoncontrollingInterestMember 2024-07-01 2024-09-30 0000030625 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-07-01 2024-09-30 0000030625 us-gaap:CommonStockMember 2024-09-30 0000030625 us-gaap:AdditionalPaidInCapitalMember 2024-09-30 0000030625 us-gaap:RetainedEarningsMember 2024-09-30 0000030625 us-gaap:TreasuryStockCommonMember 2024-09-30 0000030625 us-gaap:DeferredCompensationShareBasedPaymentsMember 2024-09-30 0000030625 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-09-30 0000030625 us-gaap:NoncontrollingInterestMember 2024-09-30 0000030625 us-gaap:CommonStockMember 2023-06-30 0000030625 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0000030625 us-gaap:RetainedEarningsMember 2023-06-30 0000030625 us-gaap:TreasuryStockCommonMember 2023-06-30 0000030625 us-gaap:DeferredCompensationShareBasedPaymentsMember 2023-06-30 0000030625 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0000030625 us-gaap:NoncontrollingInterestMember 2023-06-30 0000030625 2023-06-30 0000030625 us-gaap:AdditionalPaidInCapitalMember 2023-07-01 2023-09-30 0000030625 us-gaap:TreasuryStockCommonMember 2023-07-01 2023-09-30 0000030625 us-gaap:DeferredCompensationShareBasedPaymentsMember 2023-07-01 2023-09-30 0000030625 us-gaap:RetainedEarningsMember 2023-07-01 2023-09-30 0000030625 us-gaap:NoncontrollingInterestMember 2023-07-01 2023-09-30 0000030625 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-01 2023-09-30 0000030625 us-gaap:CommonStockMember 2023-09-30 0000030625 us-gaap:AdditionalPaidInCapitalMember 2023-09-30 0000030625 us-gaap:RetainedEarningsMember 2023-09-30 0000030625 us-gaap:TreasuryStockCommonMember 2023-09-30 0000030625 us-gaap:DeferredCompensationShareBasedPaymentsMember 2023-09-30 0000030625 us